279.42 - GIFTS TO SCHOOLS.
279.42 GIFTS TO SCHOOLS.Section History: Early Form
The board of directors of a school district which receives funds
through gifts, devises, and bequests shall deposit these funds in a
trust and agency fund and use them in accordance with the terms of
the gift, devise, or bequest.
Section History: Recent Form
[C66, 71, 73, 75, 77, 79, 81, § 279.42]
94 Acts, ch 1029, §19
See also § 565.6